Stable dividend policy targeting a consolidated dividend payout ratio of 20–25%
First written in FY2017. 7 of 17 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-11-09.
61 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 8 May 2026, the Company acquired 2,796,000 shares of treasury stock during the interim consolidated accounting period. Total number of shares that may be acquired 5,000,000 shares (maximum) Total acquisition cost of shares ¥5.0 billion (maximum) Acquisition period 10 November 2026–31 January 2027」
The Company acquired 2.796 million shares of treasury stock in the first half of fiscal 2026. In addition, based on the resolution dated 9 November 2026, it plans to acquire up to 5 million additional shares for up to ¥5.0 billion by 31 January 2027. - FY2026RaisedAnnual report
「① Consolidated dividend payout ratio: 40% or higher (raised from 35% or higher) ② Share buybacks: ¥30 billion (over 3 years from fiscal 2026)」
The dividend payout ratio target has been raised from 35% or higher to 40% or higher, and the period covered by the ¥30 billion share-buyback program has been set as fiscal 2026–2028. Purchases of approximately ¥10 billion are planned each fiscal year. - FY2026-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 9 May 2025, the company acquired 5,623,400 shares of treasury stock during the interim consolidated accounting period.」
In connection with the policy targeting a 40% total payout ratio and share buybacks of approximately ¥30 billion over 3 years from fiscal 2025, the company acquired 5,623,400 shares of treasury stock in the first half of fiscal 2025. In addition, on 7 November 2025, it resolved to make additional purchases of up to 4,500,000 shares or ¥5 billion, with the acquisition period ending on 31 March 2026. - FY2025RaisedAnnual report
「① Consolidated dividend payout ratio: 35% or higher (raised from the previous 30% or higher) ② Share buybacks: approximately ¥30 billion (over 3 years from fiscal 2025)」
The company has expanded its shareholder-return commitments by raising the dividend payout ratio target from 30% or higher to 35% or higher and planning share buybacks of approximately ¥30 billion over 3 years from fiscal 2025. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 10 May 2024, the company acquired 3,065,800 shares of treasury stock during the interim consolidated accounting period.」
In connection with the shareholder-return policy targeting a 40% total payout ratio, the company reported the acquisition of 3,065,800 shares of treasury stock in the first half of fiscal 2024. - FY2023RestatedAnnual report
「To promote initiatives toward carbon neutrality, the company plans to make active capital investments in work vessels related to offshore wind construction and other assets, and has set a consolidated total payout ratio of 40% as its shareholder-return target.」
The company is maintaining under the new plan its policy of targeting a 40% total payout ratio, including share buybacks, in addition to a dividend payout ratio of 30% or higher. - FY2022RaisedAnnual report
「The company previously targeted a consolidated dividend payout ratio of 30% or higher, but from fiscal 2022 it newly set the consolidated total payout ratio, including share buybacks, as a shareholder-return target in addition to the dividend payout ratio target.」
While maintaining a dividend payout ratio of 30% or higher, the company has added a 40% total payout ratio, including share buybacks, as a new shareholder-return target. - FY2020RaisedAnnual report
「② Target dividend payout ratio (consolidated): 30% or higher」
The target consolidated dividend payout ratio has been raised from the previous 25–30% to 30% or higher. The new medium-term management plan sets out a balance among shareholder returns, growth investments and capital strengthening. - FY2019RaisedAnnual report
「Our basic policy is to improve earning power and increase corporate value by strengthening our management base for the future and conducting research and development and capital investments, while paying shareholders continuous and stable dividends. Under this policy, we target a consolidated dividend payout ratio of 25–30%.」
The target consolidated dividend payout ratio has been raised from the previous 20–25% to 25–30%, with stable dividends and the use of retained earnings for research and development and capital investments set out as policies. - FY2018RestatedAnnual report
「Our basic policy is to improve earning power and increase corporate value by strengthening our management base for the future and conducting research and development and capital investments, while paying shareholders continuous and stable dividends. Under this policy, we target a consolidated dividend payout ratio of 20–25%.」
The company has reaffirmed its policy of stable dividends, a consolidated dividend payout ratio of 20–25%, and the use of retained earnings for research and development, capital investments and other purposes. - FY2017First statedAnnual report
「Our basic policy is to improve earning power and increase corporate value by strengthening our management base for the future and conducting research and development and capital investments, while paying shareholders continuous and stable dividends. Under this policy, we target a consolidated dividend payout ratio of 20–25%. Retained earnings will be used for investments to enhance corporate value, including research and development and capital investments.」
The company has stated a policy of paying continuous and stable dividends, targeting a consolidated dividend payout ratio of 20–25% and allocating retained earnings to research and development and capital investments.